Brown & Brown, Inc. (BRO)
Financial Services · Insurance - Brokers · Data as of 2026-09-01
Bottom line
BRO is trading at a discount to its history, near its historical support zone, and recent volume suggests money flowing in. Historically, this combination has been a favourable starting point for further research. Past patterns are not a guarantee of future results.
Valuation — Trading below its usual book-value multiple (Green)
For financial companies we look at price versus book value. BRO trades at 1.9× book value, against its own typical 3.5× while earning a 10% return on equity. One caution: its return on equity is modest, so the discount may be deserved. Its current multiple sits around the 7th percentile of its own last five years — toward the low end of its own range.
Price zones — Near its historical support zone (Green)
At $72.05, the stock is close to the lower end of its recent range. Over the past year BRO has traded between $53.81 and $97.15; its historical support zone sits near $69.57 and resistance near $97.15. It is above both its 50- and 200-day averages, which has historically signalled an uptrend.
52-week range $53.81–$97.15 · 50-day average $69.37 · 200-day average $69.57
Money flow — Money is flowing in (Green)
Recent trading in BRO shows more volume on rising days than falling days, a pattern often described as accumulation. Volume on up days has been about 1.2× volume on down days over the last 30 sessions.
About the company
Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services.
一句话结论
BRO 相对自身历史处于折价水平，接近其历史支撑区，近期成交量显示资金正在流入。从历史来看，这样的组合是一个值得进一步研究的有利起点。过去的形态并不能保证未来的结果。
估值 — 低于其惯常的市净率水平
对金融公司，我们看的是价格与账面价值的关系。BRO 的市净率为 1.9×，而它自身惯常的水平是 3.5×，同时取得 10% 的净资产收益率。有一点需要留意：它的净资产收益率并不高，因此这份折价可能是有原因的。它当前的估值倍数大约位于自身过去五年分布的第 7 百分位——处于自身区间的偏低位置。
价格区间 — 接近其历史支撑区
目前价格为 $72.05，接近其近期区间的下沿。过去一年 BRO 的价格在 $53.81 到 $97.15 之间波动；其历史支撑区在 $69.57 附近，阻力区在 $97.15 附近。它同时位于 50 日和 200 日均线上方，这在历史上通常对应上升趋势。
资金流向 — 资金正在流入
BRO 近期上涨日的成交量高于下跌日，这种形态常被称为吸筹。过去 30 个交易日，上涨日的成交量约为下跌日的 1.2×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.